Moose143252002

Triangle pattern

It seems we may be consolidating into a triangle pattern on multiple time frames before we push higher. I like the current set up as the RSI has moved lower, and we seem to be garnering support in this range. At the moment, XRP is back below .30. Barring a broader market sell-off or the usual XRP shenanigans, I think we keep it range-bound in the triangle until the end of the month with an eventual break higher. If we move below the lower range of the triangle, then I guess this would invalidate the set-up, and we will begin testing some of the softer supports with the hope of finding another range to live within. If we break higher, I think we land in the .40 to .50 cent range, but as with all things crypto, who knows.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.